March 2022 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division March 31, 2022 To the Mayor and City Council: This is the City's Financial Report for March, the ninth month of fiscal year 2021-22. This financial report summarizes revenues and expenditures by major categories. The report consists of three sections: Expenditures by Program General Fund Presents a five year history, including current year budget and actual, and variance and trend analysis for general fund expenditures. Citywide Presents a five year history, including current year budget and actual, and variance and trend analysis for citywide expenditures. Revenues by Source Presents a current year budget to actual analysis as well as a three year variance and trend analysis for various revenue sources. Financial Schedules General Fund Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. Citywide Summary Presents the City's summarized comparisons of the year-to-date balances to the fiscal year budget and to the actual results for the prior year. Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Respectfully submitted, April 25, 2022 INDEPENDENT AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) March 2022 Monthly Financial Report (MFR) in accordance with the agreed-upon procedures engagement between Finance and the City Auditor Department (Audit). The City Charter requires Finance to prepare a monthly, written report to the City Council detailing expenditures, revenues, and the City’s financial condition. Finance is responsible for compiling an accurate and complete MFR. Finance and Audit entered into an agreed-upon procedures engagement for the assessment of the MFR on March 18, 2022. The agreed-upon procedures include the following:  Mathematically check calculations presented within the MFR, and  Confirm stated financial data presented within the MFR to historical data supplied by Finance. This agreed-upon procedures engagement was conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants (AICPA). Because the agreed-upon procedures listed above do not constitute an examination or a review, we will not express an opinion on the MFR as a whole. Had we performed additional procedures; other matters may have come to our attention which would have been reported. The sufficiency of the procedures is solely the responsibility of parties specified in the agreed-upon procedures engagement agreement. Based on the agreed-upon procedures, we verified that the presented financial data was mathematically accurate and tied to historical data presented in the MFR. Sincerely, Ross Tate City Auditor City of Phoenix Monthly Financial Report March 2022 Table of Contents Page Performance Status General Fund Total Expenditures 1 Better than Expected General Government 1 Better than Expected Criminal Justice 2 Monitor and Consider Taking Action Expenditures by Programs General Fund Expenditures Public Safety 2 Better than Expected Transportation 3 Better than Expected Community Development 3 Better than Expected Community Enrichment 4 Better than Expected Environmental Services 4 Expected Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Criminal Justice 6 Expected Public Safety 6 Better than Expected Transportation 7 Monitor and Consider Taking Action Community Development 7 Better than Expected Community Enrichment 8 Monitor and Consider Taking Action Environmental Services 8 Better than Expected General Obligation Debt Service 9 Expected Citywide Expenditures Capital Expenditures CIP-General Government 10 CIP-Aviation 10 CIP-Phoenix Convention Center 11 CIP-Solid Waste Disposal 11 CIP-Wastewater 12 CIP-Water System 12 Page Performance Status General Fund Total Operating Revenue 13 Better than Expected Property Tax 14 Better than Expected Local Sales Tax 15 Better than Expected Revenues by Source State Sales Tax 16 Better than Expected Vehicle License Tax 17 Monitor and Consider Taking Action Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Better than Expected Water System 20 Monitor and Consider Taking Action Wastewater 21 Better than Expected Financial Schedules General Fund Revenue Page 22 General Fund Expenditures 23 Citywide Operating Revenue 24 Citywide Operating Expenditures 25 Citywide Operating Revenue by Source 26 Citywide Operating Expenditures by Program 30 Capital Expenditures and Encumbrances 33 Bonds Authorized and Sold 34 Appendix A - Additional Detail for Revenues Notes: Performance Status Better than Expected - Positive variance of greater than 1% actual vs budget. Expected - Actual vs budget variance within 1% positive or negative. Monitor and Consider Taking Action - Negative variance greater than 1% actual vs budget. Corrective Action Taken - Negative variance greater than 1% actual vs budget, however the City has taken action to address the negative variance. Report Navigation Click on the performance status next to a report to be taken directly to that page. From any page of the report, click on the City of Phoenix Bird Emblem to return to the Table of Contents. General Fund Expenditures Expenditures from the City's General Fund for core functions such as Police, Fire, Parks, Streets and Social Services as well as administrative functions such as Mayor and Council, City Manager, Finance, and Human Resources. This does not include any expenditures from dedicated revenue streams such as grants, bonds, specifically dedicated taxes, and enterprise revenues. March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 887,604 1,177,280 75.4% 912,740 1,214,362 75.2% 975,399 1,282,831 76.0% 1,013,794 1,371,152 73.9% 1,058,925 1,494,453 70.9% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Better than Expected Total General Fund General Government $1,600,000 $1,400,000 $1,400,000 $1,200,000 $1,200,000 $1,000,000 $1,000,000 $800,000 $800,000 March YTD March YTDExpenditures Expenditures $600,000 $600,000 Annual Annual Expenditures * Expenditures * $400,000 $400,000 $200,000 $200,000 $0 $0 17-18 17-18 18-19 19-20 18-19 20-21 19-20 21-22 In order to have a better comparison to prior year actuals, contingencies and vacancy savings will only be included in the annual budget to the extent that they have been spent. The general fund provides for core City functions that are not provided by dedicated revenue streams. It does not include services provided by dedicated taxes, grants, bond proceeds or enterprise fund revenues. The fiscal year 2021-22 budgeted general fund expenditures are 9.0% higher than the fiscal year 2020-21 actuals. Fiscal year 2021-22 actual general fund expenditures through March are 4.5% higher than the same period in fiscal year 2020-21. General fund expenditures increased 6.9% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 5.6% and 3.1% in the two prior years. General Government 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 87,347 110,408 79.1% 91,276 114,393 79.8% 103,440 123,100 84.0% 115,104 154,211 74.6% 116,794 169,980 68.7% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal GeneralJustice Government $140,000 $180,000 $120,000 $160,000 $100,000 $140,000 $120,000 $80,000 $100,000 $60,000 $80,000 $60,000 $40,000 $40,000 $20,000 $20,000 $0 March YTD Expenditures March YTD Expenditures Annual Expenditures * Annual Expenditures * 17-18 18-19 18-19 17-18 19-20 19-20 20-21 21-22 General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager’s Office, City Auditor, Finance, Budget and Research, and Human Resources. The fiscal year 2021-22 budget includes a 10.2% increase over fiscal year 2020-21 actuals. General fund general government expenditures through March are 1.5% higher than the same period in the prior fiscal year. General fund general government expenditures increased 25.3% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 7.6% and 3.6% in the prior two years. 1 March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 24,186 32,232 75.0% 25,192 33,387 75.5% 26,103 35,033 74.5% 26,376 36,162 72.9% 30,149 39,858 75.6% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Criminal Justice $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 March YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Criminal justice expenditures include costs for municipal courts and public defenders. The fiscal year 2021-22 budget includes a 10.2% increase over fiscal year 2020-21 actuals. General fund criminal justice expenditures through March are 14.3% higher than the same period in the prior fiscal year. General fund criminal justice expenditures increased 3.2% in the fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 4.9% and 3.6% in the prior two years. Public Safety Public Safety March YTD Annual % of Annual Expenditures Expenditures * Expenditures 616,287 817,960 75.3% 631,910 841,467 75.1% 667,266 893,403 74.7% 687,120 925,920 74.2% 717,615 999,730 71.8% $1,200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 17-18 18-19 19-20 20-21 21-22 $1,000,000 March YTD Expenditures $800,000 $600,000 $400,000 Annual Expenditures * $200,000 17-18 18-19 19-20 20-21 21-22 Better than Expected Public safety expenditures include costs for police and fire services. The general fund public safety fiscal year 2021-22 budget includes an 8.0% increase over fiscal year 2020-21 actuals. Through March, general fund public safety expenditures are 4.4% higher than the prior fiscal year. General fund public safety expenditures increased 3.6% over fiscal year 2020-21 over the fiscal year 2019-20. This followed increases of 6.2% and 2.9% in the prior two years. 2 March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 13,797 16,366 84.3% 14,240 18,337 77.7% 16,198 19,748 82.0% 18,090 22,144 81.7% 17,379 23,476 74.0% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected CommunityTransportation Development $1 $30,000 $1 Series1 $1 $20,000 March YTD Expenditures $1 $0 $10,000 Series2 Annual Expenditures * $0 $0$0 17-18 18-19 19-20 20-21 21-22 Transportation expenditures include costs for public transit and street maintenance and repair. General Fund transportation expenditures for fiscal year 2021-22 are budgeted to increase 6.0% over fiscal year 2020-21 actuals. Prior to fiscal year 2018-19 street transportation department charged expenses to the general fund and subsequently transferred some of those expenses to the AHUR fund. Beginning in fiscal year 2018-19 street transportation is charging the majority of expenses to AHUR and will be transferring a portion of those to the General Fund. Through March, General fund transportation expenditures are 3.9% lower than the same period in the prior fiscal year. Community Development Community Development March YTD Annual % of Annual Expenditures Expenditures * Expenditures 15,629 20,243 77.2% 16,072 21,238 75.7% 17,479 22,542 77.5% 18,109 24,114 75.1% 21,233 30,755 69.0% $35,000 * - For prior years-total actual expenditures, for current year-total approved budget $5,000 17-18 18-19 19-20 20-21 21-22 Better than Expected $30,000 March YTD Expenditures $25,000 $20,000 $15,000 $10,000 Annual Expenditures * $0 17-18 18-19 19-20 20-21 21-22 Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2021-22 budget includes a 27.5% increase over fiscal year 2020-21 actuals. General fund community development expenditures through March are 17.3% higher than the same period in the prior fiscal year. General fund community development expenditures increased in fiscal year 2020-21 over fiscal year 2019-20 by 7.0%. This follows a year over year increase of 6.1% in fiscal year 2019-20 and 4.9% increase in the 2018-19 fiscal year. 3 March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 113,812 156,325 72.8% 116,186 156,552 74.2% 120,436 155,417 77.5% 112,581 158,589 71.0% 126,802 181,164 70.0% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 March YTD Expenditures $160,000 $120,000 $80,000 Annual Expenditures * $40,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. The fiscal year 2021-22 budget includes a 14.2% increase over fiscal year 2020-21 actuals. Through March, general fund community enrichment expenditures are 12.6% higher than the same period in the prior fiscal year. General fund community enrichment expenditures increased 2.0% in fiscal year 2020-21 over fiscal year 2019-20. This followed a decrease of 0.7% and an increase of 0.1% in the prior two years. Environmental Services 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,908 12,624 78.5% 12,949 16,886 76.7% 16,185 19,180 84.4% 16,950 20,905 81.1% 19,784 24,482 80.8% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $28,000 $24,000 $20,000 $16,000 $12,000 $8,000 $4,000 $0 March YTD Expenditures Annual Expenditures * 17-18 Expected 18-19 19-20 20-21 21-22 Environmental service expenditures include costs for maintaining and operating city facilities. The fiscal year 2021-22 budget includes a 17.1% increase from fiscal year 2020-21 actuals. Because environmental service expenditures are highly dependent on interdepartmental charges, they tend to be very volatile. Through March, general fund environmental services expenditures are 16.7% higher than the prior fiscal year. 4 Citywide Expenditures All expenditures of the City including those for enterprise functions and those related to dedicated revenue streams. Expenditures are reported in total and by program. March Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,613,760 3,547,078 73.7% 2,927,854 3,775,464 77.5% 3,089,643 3,814,963 81.0% 3,061,390 4,163,122 73.5% 3,326,701 5,433,959 61.2% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustments for contingencies and use of the early redemption fund. Total Citywide $6,000,000 March YTD Expenditures $5,000,000 $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 In order to have a better comparison to prior year actuals, contingencies and vacancy savings will only be included in the annual budget to the extent that they have been spent. Without contingencies and vacancy savings, the budget for fiscal year 2021-22 anticipates an increase of 30.5% over fiscal year 2020-21 actuals in total operating expenditures. Actual expenditures through March are 8.7% higher than the same period in the prior fiscal year stemming from an additional $304M in light rail extension and $70M in Aviation. General Government 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 102,997 134,117 76.8% 108,659 138,349 78.5% 120,362 157,200 76.6% 161,461 207,451 77.8% 129,458 205,869 62.9% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 March YTD Expenditures $200,000 $150,000 $100,000 Annual Expenditures * $50,000 $0 17-18 18-19 19-20 20-21 21-22 General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager's Office, City Auditor, Finance, Budget and Research, and Human Resources. Citywide general government expenditures through March are 19.8% lower than the same period in the prior fiscal year. The budget anticipates a decrease of 0.8% for fiscal year 2021-22 over fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 5 March Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 28,679 38,411 74.7% 32,029 42,530 75.3% 33,075 44,425 74.5% 32,450 44,147 73.5% 35,363 48,200 73.4% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 March YTD Expenditures $50,000 $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 17-18 Expected 18-19 19-20 20-21 21-22 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 9.0% higher through March than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 9.2%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Public Safety 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 731,851 970,771 75.4% 774,868 1,025,513 75.6% 829,834 1,110,457 74.7% 837,131 1,122,901 74.6% 897,314 1,250,252 71.8% * - For prior years-total actual expenditures, for current year-total approved budget Public Safety $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 March YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Better than Expected Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through March are 7.2% higher than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 11.3%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 6 March Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 567,900 709,977 80.0% 594,710 722,667 82.3% 669,884 774,492 86.5% 569,194 786,597 72.4% 670,236 852,157 78.7% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Transportation $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 March YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation expenditures are 17.8% higher through March than the same period in the prior fiscal year. The budget anticipates an increase of 8.3% for fiscal year 2021-22 from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Year to date includes a $70M Aviation liability paydown. Community Development 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 152,002 203,096 74.8% 144,458 195,716 73.8% 155,857 229,793 67.8% 184,852 245,310 75.4% 164,825 295,437 55.8% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 March YTD Expenditures Annual Expenditures * 17-18 Better than Expected 18-19 19-20 20-21 21-22 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures through March are 10.8% lower than the same period in the prior fiscal year. The fiscal year 2021-22 budget includes an increase of 20.4% over fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 7 March Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 227,122 306,763 74.0% 238,049 317,465 75.0% 245,580 316,680 77.5% 293,721 390,805 75.2% 323,258 403,432 80.1% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 March YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Monitor and Consider Taking Action Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community enrichment expenditures through March are 10.1% higher than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 3.2% from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. Environmental Services 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 467,769 696,244 67.2% 533,678 670,219 79.6% 522,465 692,524 75.4% 548,358 734,733 74.6% 580,173 805,832 72.0% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 March YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Better than Expected Environmental Services expenditures include costs for Water, Wastewater and Solid Waste services as well as the care and maintenance of City facilities. Citywide environmental services expenditures are 5.8% higher through March than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 9.7% from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 8 March Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service Citywide Debt Service Expenditures 17-18 18-19 19-20 20-21 21-22 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 79,875 106,315 75.1% 87,475 116,634 75.0% 98,091 130,839 75.0% 99,041 131,938 75.1% 98,565 132,070 74.6% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 March YTD Expenditures $120,000 $60,000 Annual Expenditures * $0 17-18 18-19 19-20 20-21 21-22 Expected General obligation debt service expenditures through March are 0.5% lower than the same period in the prior fiscal year. Budgeted expenditures for fiscal year 2021-22 are 0.1% higher than fiscal year 2020-21 actual expenditures for the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. -9- Capital Expenditures Expenditures for capital projects. These expenditures may come from designated capital funds such as bond proceeds or grants, or they may come from operating funds and be reported in both the operating and capital sections. Because of the long-term view used in capital budgeting and the volatility of capital spending, no performance status is provided unless capital spending exceeds the capital budget. Capital Expenditures (Dollars in Thousands) General Gov't 17-18 18-19 $ 290,772 $ 384,131 Refer to detailed financial schedules pages 22 - 34 19-20 $ 20-21 500,745 $ 684,798 Discussion: 21-22 (Budget) 21-22 (YTD) $ $ 369,589 1,079,636 General Gov't Major projects in fiscal year 2017-18 include street construction and maintenance ($66 million), parks and recreation facility improvements ($25 million), conversion of streetlights to LED ($28 million) and replacement of the City telephone system ($22 million). 21-22 (YTD) 21-22 (Budget) 20-21 19-20 Major projects in fiscal year 2018-19 include street and sidewalk maintenance ($134.8 million), light rail ($47.9 million), transit bus and vehicle purchases ($43.1 million), major streets ($33.2 million), parks and preserves improvements ($20.8 million), and telephone system network replacement ($10.4 million) . 18-19 17-18 $0 $500,000 $1,000,000 21-22 (Budget) 21-22 (YTD) $ $ $1,500,000 Major projects in fiscal year 2019-20 include pavement maintenance ($131 million), Light Rail ($100 million), Talking Stick Arena Renovations ($57 million), parks preserve development, community centers, and development ($47 million), bus and vehicle purchases ($45 million), and major streets ($18 million). Major projects in fiscal year 2020-21 include ($115M) South Central Light Rail, ($96M) Talking Stick Arena renovations, ($69M) Northwest Light Rail extension, and ($32M) replace fare collection system. Major projects budgeted for fiscal year 2021-22 include South Central Light Rail ($90M), North West Light Rail ($70M), South Central land acquisition ($45M), North Black Canyon area roadway and drainage infrastructure ($39M). Aviation 17-18 18-19 $ 582,921 $ 552,972 19-20 $ 254,523 20-21 $ 172,418 430,169 90,123 Discussion: Aviation Major projects in fiscal year 2017-18 include the PHX Sky Train extension ($423 million), Apron and Taxiway improvements ($26 million), and terminal 4 improvements including the south 1 concourse ($20 million). 21-22 (YTD) 21-22 (Budget) Major projects in fiscal year 2018-19 include PHX Sky Train stage 2 ($267.8 million) and terminal 4 south 1 concourse ($127.8 million). 20-21 Major projects in fiscal year 2019-20 include PHX Terminal 4 south concourse and gates ($90M), Runway, Apron and Taxiway Improvements ($47M), and PHX Sky Train ($10M). Major projects in fiscal year 2020-21 include ($51M) Terminal 4 concourse, ($24M) Terminal 4 Apron Concrete construction, ($19M) garage demolition, and ($13M) 24th St parking lot 19-20 18-19 17-18 $0 $200,000 $400,000 $600,000 Major projects budgeted for fiscal year 2021-22 include Union Pacific Railroad grade (trench) separation project ($64.5M), Airport Development Plant Contingency ($60.9M), New Crossfield Taxi ($34.0M), Terminal 4 South Concourse ($22.2M). - 10 - Capital Expenditures (Dollars in Thousands) Phx Convention Ctr 17-18 18-19 $ 28,898 $ 36,542 Refer to detailed financial schedules pages 22 - 34 19-20 $ 21-22 (Budget) 20-21 52,148 $ 31,640 Discussion: $ 21-22 (YTD) 54,475 $ 74,492 Phx Convention Ctr Beginning in fiscal year 2012-13, Phoenix Convention Center began making debt service payments on the state funded portion of the 2005 Convention Center bonds. The payments from the state are accumulated in a capital fund and the subsequent debt service payments are then made from the capital fund within the capital budget. The debt service payments total $24 million for fiscal year 2020-21. FY2021-22 exceeds budget due to the $47M purchase of 100 W. Washington Street. 21-22 (YTD) 21-22 (Budget) 20-21 19-20 18-19 17-18 $0 Solid Waste 17-18 18-19 $ 10,355 $ 7,857 19-20 $ 5,490 $20,000 21-22 (Budget) 20-21 $ 8,796 $ 41,067 $40,000 $60,000 $80,000 21-22 (YTD) $ 27,920 Discussion: Solid Waste In fiscal year 2017-18 Solid Waste spent $10.3 million on SR85 Landfill requirements. In fiscal year 2018-19 Solid Waste spent $4.5 million on North Gateway material f ili2019-20 dSolid dWaste $1 5 spent illi $3 million SR 85 in L transfer dfill stations and $1 million at In fiscal year SR-85 and $1 million for Skunk Creek as monitoring and maintenance. 21-22 (YTD) 21-22 (Budget) In fiscal year 2020-21 Solid Waste spent $4.5M on Excavate and line Cell 2 at the State Route 85 Landfill, $1.2M Dixaleta payment replacement at self-haul area, and $1.1M at the 27th Ave trommel machine. Major projects budgeted for fiscal year 2021-22 include $17M Material Recovery Facility retrofit, $2.5M general capital improvement and $2.0M capital improvement in the transfer station. 20-21 19-20 18-19 17-18 $0 $15,000 $30,000 $45,000 - 11 - Capital Expenditures (Dollars in Thousands) 17-18 Wastewater $ 105,912 Refer to detailed financial schedules pages 22 - 34 18-19 $ 97,890 19-20 $ 123,141 20-21 $ 77,339 21-22 (Budget) 21-22 (YTD) $ 247,852 $139,903 Discussion: In fiscal year 2017-18, Wastewater spent $54 million on pipeline assessment, repair, replacement and construction and $23 million on improvements at the 91st Avenue Wastewater Treatment Plant. Wastewater 21-22 (YTD) 21-22 (Budget) In fiscal year 2018-19 , Wastewater spent $45.2 million in sewer main replacement and construction and $32.5 million on improvements and maintenance at the wastewater treatment plants. In fiscal year 2019-20 Wastewater spent $42.0 million on sewer replacement and construction, $27.7 million on 91st Ave Waste Water Treatment Plant, $14.4 million 23rd Ave, $13.1 million Cave Creek, and $13.1 million In fiscal year 2020-21 Wastewater spent $12.4M 91st Ave plant equipment, $10.1M 23rd Ave Grit Basin Replacement, $6.9M citywide rehabilitate small diameter sewers, and $4.7M 23rd Ave equipment replacement. 20-21 19-20 18-19 17-18 $0 $100,000 $200,000 $300,000 Major projects budgeted in fiscal year 2021-22 include $38M Lift Station 77 mains, $21M Dixaleta Dobbins gravity sewer and $19M 91st Ave WWTP Solids Rehab. 17-18 Water System $ 229,256 18-19 $ 289,858 19-20 $ 252,146 20-21 21-22 (Budget) 21-22 (YTD) $ 434,000 $ 406,001 $129,603 Discussion: Water System 21-22 (YTD) In fiscal year 2017-18, Water spent $82 million to construct, replace or rehabilitate pipelines and valves, $36 million on groundwater well projects, $21 million on the Union Hills Water Treatment Plant rehabilitation and $17 million on water resiliency and storage. In fiscal year 2018-19 water spent $111.1 million on main replacement and construction, $49.9 million on boosters, $35.2 million on groundwater well program, $24.4 million on production, and $23.6 million on 24th Street water treatment plant rehabilitation. In fiscal year 2019-20 water spent $84.3 million on water main replacement and construction, $55.9 million on Water Treatment Plants, and $38.9 million on wells. 21-22 (Budget) 20-21 19-20 18-19 In fiscal year 2020-21 water spent $153M on water main from 24th Street treatment plant to 32nd St and Bell Road, $110.0M on water boosters, and $19.9M on transmission main rehabilitation. 17-18 $0 $100,000 $200,000 $300,000 $400,000 Major projects budgeted in fiscal year 2021-22 include $50M Dixaleta infrastructure, $36.8M Deer Valley WTP Rehabilitation, $21.5M Light Rail Water Relocation and $18.1M Southern Water Growth Projects. - 12 - Revenues Sources of funds for the operations of the City including local taxes, state shared taxes, user fees and charges, and grants. General Fund Total Operating Revenue (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Fund Revenues $1,600,000 $1,400,000 March YTD Revenues $1,200,000 $1,000,000 $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 17-18 17-18 18-19 19-20 20-21 21-22 March YTD Revenues 838,230 878,185 945,213 1,105,760 1,083,081 18-19 Annual Revenues* 1,162,635 1,220,768 1,307,357 1,491,537 1,355,776 19-20 20-21 21-22 % of Annual Revenues 72.1% 71.9% 72.3% 74.1% 79.9% * - For prior years - total actual revenues, for current year - total approved budget Better than Expected Fiscal year 2021-22 general fund operating revenues are budgeted to decrease 9.1% over prior year actuals. Fiscal year 2020-21 includes $73M Coronavirus relief fund allocated to offset General Fund Public Safety costs. Actual revenues through March are 2.1% lower than the same period in the prior fiscal year. Specific revenue sources are discussed on the following pages. - 13 - Property Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Property Taxes Primary & Secondary 270,000 240,000 210,000 95,435 101,652 107,555 119,289 115,069 180,000 Secondary 76,035 150,000 120,000 90,000 154,560 60,000 162,129 170,209 191,294 182,043 Primary 119,233 30,000 17-18 FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 195,268 310,583 July (1,054) (1,049) (1,141) (1,619) (1,490) (1,411) 18-19 Aug (395) 688 1,081 1,541 1,141 1,226 Sept 891 980 647 1,288 1,040 1,080 19-20 Oct 16,220 12,601 11,579 21,550 24,048 16,935 Nov 87,691 91,331 106,458 89,520 103,048 106,400 20-21 Dec 25,018 30,444 23,612 38,512 33,534 34,281 21-22 YTD Jan 10,162 13,302 14,875 15,608 18,086 16,215 Feb 7,020 5,422 7,447 6,612 6,889 7,214 21-22 Budget Mar 8,086 8,130 8,185 9,456 8,972 9,544 Apr 11,994 12,026 12,116 15,171 14,559 May 52,962 68,870 66,043 76,862 78,427 June 31,400 21,036 26,862 22,611 26,112 Note: Monthly budget amount for 21-22 is the average % of last 3 years of the total budget amount Better than Expected Because property taxes are primarily collected in November, December, May and June, a monthly breakdown of the revenues is not particularly useful, therefore the chart for property tax revenues is presented with an annual perspective. Total property tax revenues are budgeted to increase 4.5% in fiscal year 2021-22 over fiscal year 2020-21 actuals. - 14 - Primary Secondary 154,560 95,435 162,129 101,652 170,209 107,555 182,043 115,069 119,233 76,035 191,294 119,289 Local Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 80,000 70,000 60,000 50,000 40,000 21-22 Actuals 30,000 21-22 Budget 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Fiscal year 2021-22 local sales tax revenues through March are 14.3% higher than the same period in the prior year. Actual local sales tax revenues through March are 17.1% higher than budget expectations. Local Sales Tax 3 Year Trend 80,000 70,000 60,000 50,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 local sales tax revenues were 12.2% higher than the prior year. This follows increases of 2.5% and 10.5% in the two previous years. Click Here for Additional Information - 15 - State Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 30,000 25,000 20,000 21-22 Actuals 15,000 21-22 Budget 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected The fiscal year 2021-22 budget includes an decrease of 1.7% in state shared sales tax over fiscal year 2020-21 actuals. Through March state shared sales tax revenues are 13.0% above budget expectations. State Sales Tax 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state sales tax revenues were 17.1% higher than the prior year. This follows increases of 4.2% and 5.8% in the two previous years. Click Here for Additional Information - 16 - Vehicle License Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Vehicle License Tax Budget vs Actual 12,000 10,000 8,000 21-22 Actuals 6,000 21-22 Budget 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action State shared vehicle license tax revenues through March 2022 are 4.0% lower than budget expectations for the period. Vehicle License Tax 3 Year Trend 12,000 10,000 19-20 Actuals 8,000 20-21 Actuals 6,000 21-22 Actuals 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state shared vehicle license tax revenues were 13.2% higher than the prior year. This follows increases of 0.4% and 5.1% in the two previous years. Click Here for Additional Information - 17 - Governmental Funds Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Governmental Funds Revenues Budget vs Actual 500,000 450,000 400,000 21-22 Budget 350,000 300,000 250,000 2021-22 Actuals 200,000 150,000 100,000 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Governmental funds are those funds supported primarily through taxes, bonds and grants and include the general fund as well as funds with dedicated tax revenue streams. They do not include the enterprise funds. Governmental fund revenues through March 2022 are 10.2% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000 350,000 300,000 2019-20 Actuals 250,000 200,000 2020-21 Actuals 150,000 2021-22 Actuals 100,000 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 governmental fund revenues were 14.4% higher than the prior year. This follows increases of 7.0% and 4.1% in the two previous years. Click Here for Additional Information - 18 - Aviation Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Aviation Operating Revenues Budget vs Actual 70,000 60,000 50,000 21-22 Actuals 40,000 21-22 Budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Aviation operating revenues through March 2022 are 11.8% higher than budget expectations for the period. Aviation Operating Revenues 3 Year Trend 100,000 80,000 60,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 20,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 aviation revenues were 8.0% higher than the prior year. This follows a decrease of 8.3% and increase of 2.5% in the two previous years. Click Here for Additional Information - 19 - June Water System Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Water System Operating Revenues Budget vs Actual 70,000 60,000 50,000 40,000 21-22 Actuals 30,000 21-22 Budget 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Water system revenues through March 2022 are 1.7% lower than budget expectations for the period. Water System Operating Revenues 3 Year Trend 70,000 60,000 50,000 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 21-22 Actuals 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 water system revenues were 8.4% higher than the prior year. This follows increase of 12.7% and decrease of 7.3% in the two previous years. Click Here for Additional Information - 20 - Wastewater Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Wastewater Operating Revenues Budget vs Actual 30,000 25,000 20,000 21-22 Budget 15,000 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through March 2022 are 4.3% higher than budget expectations for the period. Wastewater Operating Revenues 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 10,000 21-22 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 wastewater revenues were 0.8% higher than the prior year. This follows increase of 4.0% and 1.6% in the two previous years. Click Here for Additional Information - 21 - June General Funds Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. General Fund Revenue As of MARCH 31 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 Revenues Local Taxes Sales Taxes $ Privilege License Fees State Shared Taxes State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Fines and Forfeitures Court Default Fee Police Library Parks and Recreation Engineering & Architectural Services Planning & Development Street Transportation Fire Emergency Transportation Service Hazardous Materials Inspection Fee Other Interest Other Fees and Service Charges Total Revenues $ 547,397 2,800 $ 470,179 $ 2,830 411,419 2,590 197,945 219,316 79,100 191,294 2,771 9,600 171,429 160,272 60,044 119,233 2,194 4,411 147,032 180,178 61,769 111,848 2,043 4,556 8,956 1,451 13,108 483 4,093 1,497 6,463 6,040 645 10,978 351 3,909 1,503 6,430 6,575 893 75,807 129 2,614 1,142 6,184 33,500 1,500 16,599 5,550 12,355 34,741 803 13,087 2,379 11,621 25,676 871 49,550 3,868 11,016 1,355,776 - 22 - $ 1,083,081 $ 1,105,760 General Fund Expenditures As of MARCH 31 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 Expenditures and Encumbrances General Government Mayor City Council City Manager Information Technology Services Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Budget and Research Finance Others Total General Government $ 2,323 5,577 8,111 58,739 3,159 2,875 23,864 3,174 7,475 19,275 4,311 29,715 1,384 169,980 $ 1,638 $ 3,236 3,285 43,870 2,498 2,097 18,065 2,222 3,624 15,491 3,414 14,370 2,983 116,794 1,353 2,857 6,579 39,347 1,970 1,690 18,121 1,997 4,467 9,602 3,137 22,407 1,577 115,104 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 24,131 6,018 30,149 22,800 3,576 26,376 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 437,957 279,851 (193) 717,615 427,238 259,931 (49) 687,120 Transportation Street Transportation Public Transit Total Transportation 21,639 1,838 23,476 15,737 1,642 17,379 13,872 4,218 18,090 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 6,393 11,086 3,206 548 21,233 4,702 9,989 3,147 271 18,109 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 73,097 31,755 16,322 5,628 126,802 64,366 29,452 14,043 4,720 112,581 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 18,906 611 267 19,784 15,926 497 527 16,950 Capital Improvement 25,007 9,169 19,464 Vacancy Savings (11,000) - - Contingencies 124,164 - - Total Expenditures and Encumbrances $ 1,607,616 - 23 - $ 1,058,925 $ 1,013,794 Citywide Summary Presents the City's summarized comparisons of the year-to-date balances to the fiscal year budget and to the actual results for the prior year. Citywide Operating Revenue As of MARCH 31 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ Total General Funds Special Revenue and Debt Service Funds Neighborhood Protection Public Safety Enhancement & Expansion Parks and Preserves Golf Courses Transit 2000 & 2050 Court Awards Planning and Development Capital Construction Sports Facilities Highway User Revenue Regional Transit Revenues Community Reinvestment Other Restricted Fees Grants G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste Total Enterprise Funds Total Operating Revenues Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 $ 547,397 2,800 470,179 $ 2,830 411,419 2,590 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 171,429 160,272 60,044 119,233 2,194 4,411 6,685 10,978 351 3,909 1,503 6,430 48,631 2,379 11,621 147,032 180,178 61,769 111,848 2,043 4,556 7,468 75,807 129 2,614 1,142 6,184 76,097 3,868 11,016 1,355,776 1,083,081 1,105,760 40,620 105,455 42,099 6,794 302,369 5,296 71,428 7,592 19,818 149,715 38,945 5,863 36,384 1,037,554 123,686 34,283 86,770 34,749 7,316 251,092 3,392 74,849 4,809 17,720 113,880 4,214 3,595 14,382 232,169 76,035 33,229 87,461 30,005 6,621 203,775 146 59,830 5,316 9,024 108,331 12,798 5,335 13,363 210,873 72,939 1,993,617 959,255 859,044 412,546 75,996 487,697 254,696 189,870 331,333 63,988 354,559 202,498 149,745 237,230 38,365 368,718 195,651 136,409 1,420,805 1,102,122 976,373 4,770,198 - 24 - $ $ 3,144,458 $ 2,941,177 Citywide Operating Expenditures As of MARCH 31 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2021-2022 2020-2021 Budget 2021-2022 116,794 $ 12,664 129,458 115,104 46,357 161,461 39,858 8,342 48,200 30,149 5,214 35,363 26,376 6,074 32,450 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 717,615 179,699 897,314 687,120 150,011 837,131 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 17,379 652,857 670,236 18,090 551,104 569,194 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 21,233 143,592 164,825 18,109 166,743 184,852 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 126,802 196,456 323,258 112,581 181,140 293,721 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,350 805,832 19,784 560,389 580,173 16,950 531,408 548,358 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 98,565 98,565 99,041 99,041 25,007 1,076,626 1,101,633 9,169 351,075 360,244 19,464 315,718 335,182 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 339,077 339,077 67,265 67,265 - Vacancy Savings General Funds Other Funds Total Vacancy Savings (11,000) (11,000) - - Contingencies General Funds Other Funds Total Contingencies 124,164 79,500 203,664 - - 1,607,618 4,019,007 5,626,623 1,058,925 2,267,776 3,326,701 $ $ Criminal Justice General Funds Other Funds Total Criminal Justice Capital Improvement General Funds Other Funds Total Capital Improvement Total Operating General Funds Other Funds Total Operating Budget $ 169,980 35,889 205,869 $ $ - 25 - 1,013,794 2,047,596 3,061,390 Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Citywide Operating Revenue by Source For the Month Ended MARCH 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 44,739,914 136,872 44,876,786 $ 63,748,802 188,837 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 470,178,922 2,830,165 $ 411,418,550 2,590,093 63,937,639 Total Local Taxes 550,196,684 473,009,087 414,008,643 18,737,981 17,673,908 6,417,329 15,877,993 20,019,770 6,410,462 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 171,429,344 160,272,213 60,043,640 147,032,254 180,177,929 61,768,766 42,829,218 42,308,225 496,361,000 391,745,197 388,978,949 5,536,587 5,807,143 Primary Property Tax 191,294,000 119,233,203 111,847,977 424,981 326,535 Licenses and Permits 2,771,000 2,194,351 2,043,306 0 0 Cable Communications 9,600,000 4,411,333 4,555,784 1,089,323 208,325 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 6,039,888 645,302 6,574,916 892,796 850,676 132,317 982,993 1,297,648 1,390,877 20,884,232 9,658 4,165 586,960 247,488 226,249 401,756 Total State Shared Taxes Total Municipal Court Police 6,685,190 7,467,712 13,107,604 10,977,817 75,806,657 482,634 351,363 129,213 Parks and Recreation 4,092,621 3,908,926 2,614,498 187,270 Planning and Development 1,496,700 1,503,184 1,141,747 757,141 Street Transportation 6,462,738 6,430,458 6,183,835 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 34,741,145 803,200 13,086,556 25,675,897 870,500 49,549,847 51,598,713 48,630,901 76,096,244 5,550,000 2,379,231 3,868,335 4,799,665 238,575 766,542 5,084,169 311,250 12,116,052 5,804,782 17,511,471 335,945 355,781 1,363,383 1,492,987 104,770,175 155,117,725 Library Fees 10,407,050 Total Fire Interest Other Fees and Service Charges Total General Funds 26 12,354,781 11,620,880 11,015,926 1,355,775,525 1,083,081,121 1,105,758,826 Citywide Operating Revenue by Source (continued) For the Month Ended MARCH 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 2,504,589 178,900 894,495 10,128 $ 3,588,112 6,014,223 1,608,598 9,537 $ $ $ 7,632,358 3,135,212 223,944 1,119,719 1,295,044 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 5,773,919 Total Neighborhood Protection 8,307,256 2,490,908 4,337,444 15,135,608 3,633,943 $ 4,785,727 866,359 0 389,382 1,947 58,625 $ $ $ $ $ 799,448 0 337,445 1,431 52,186 1,316,313 24,479,553 3,133,439 $ $ 27,612,992 23,810,272 1,700,734 8,503,668 267,979 $ 20,002,057 1,428,719 7,143,592 4,654,641 40,619,853 34,282,653 33,229,009 79,660,712 25,473,909 320,352 65,980,984 20,689,502 99,722 55,364,124 17,341,282 14,755,306 105,454,973 86,770,208 87,460,712 Parks and Preserves 42,099,308 34,749,236 30,004,775 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 4,624,392 0 2,295,334 11,323 384,809 4,143,398 0 2,116,122 11,255 350,147 6,793,625 7,315,858 6,620,922 30,655,168 914,882 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 232,101,950 18,990,532 195,199,345 8,575,290 302,368,944 251,092,482 203,774,635 Court Awards 5,295,826 3,391,530 146,251 Planning and Development 71,428,000 74,849,353 59,829,769 Capital Construction 7,591,654 4,809,158 5,315,933 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 16,749,807 970,284 7,760,092 1,264,297 19,817,629 17,720,091 9,024,389 $ 0 8,862,242 $ 5,518,645 512,918 $ 878,570 2,369,653 Total Public Safety Enhancement & Expansion $ Total Golf Courses 31,570,050 $ $ Public Safety Enhancement & Expansion Police Fire Interest/Other 28,150,485 2,010,822 10,053,100 405,446 1,190,510 993,074 2,344,782 24,871 $ 1,627,442 43,379 1,670,821 Total Transit 2000 & 2050 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended MARCH 31 2022 2021 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 113,161,499 383,161 335,334 107,672,870 569,906 88,043 149,715,000 113,879,994 108,330,819 Special Revenue and Debt Service Funds (Cont'd) $ 11,552,376 57,082 38,592 11,548,266 54,304 80,000 11,648,050 11,682,570 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 302,178 1,269,397 Regional Transit Revenues 38,945,335 4,214,237 12,797,740 168,087 2,614,552 Community Reinvestment 5,862,535 3,595,121 5,334,530 2,060,621 (3,450,529) Other Restricted Fees 36,384,438 14,381,551 13,363,248 765,035 7,514,820 1,669,448 681,161 7,399,498 2,102,452 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 4,198,682 74,019,861 13,203,460 5,391,414 73,571,784 7,088,038 9,949,303 10,183,111 129,365,536 91,422,003 86,051,236 86,581,471 240,755,810 70,581,150 510,270,201 50,605,721 54,971,234 3,744,705 31,424,933 41,038,832 70,723,391 (437,021) 13,496,543 22,505,395 10,610,737 4,665,923 3,898,962 5,500,033 15,479,277 147,039 3,728,615 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 41,681,017 24,854,964 Total Other 908,188,632 140,746,593 124,821,745 51,630,320 35,038,075 Total Grants 1,037,554,168 232,168,596 210,872,981 3,435,360 0 3,648,514 0 119,288,943 4,396,670 74,271,843 1,762,744 70,620,010 2,318,516 3,435,360 3,648,514 123,685,613 76,034,587 72,938,526 125,766,221 117,326,429 1,993,616,901 959,254,655 859,044,239 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 73,685,564 224,086,549 1,037,143 27,163,673 2,252,073 2,560,308 547,259 62,102,480 119,234,969 1,845,839 48,296,725 2,276,814 2,473,165 999,539 412,545,947 331,332,569 237,229,531 G.O. Bond/Secondary Property Tax Secondary Property Tax Interest Total G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds AVIATION: 7,956,332 29,088,822 115,165 646,029 261,085 275,388 73,313 7,100,371 17,371,972 182,403 211,829 249,153 280,440 90,559 38,416,134 25,486,727 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation 28 Citywide Operating Revenue by Source (continued) For the Month Ended MARCH 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 5,795,591 2,267,956 28,447 6,250,269 120,217 30,383 8,091,994 6,400,869 27,752,427 276,740 537,075 659,148 720,491 134,564 1,161,358 24,054,654 192,662 582,048 813,217 564,360 166,029 2,041,922 31,241,803 28,414,892 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 51,042,504 12,766,516 178,752 35,790,772 2,212,286 362,417 75,995,956 63,987,772 38,365,475 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 329,568,727 2,130,115 10,136,944 5,769,014 4,895,880 1,021,679 1,036,517 348,172,094 1,843,181 5,996,259 6,747,439 4,339,139 1,736,653 (116,801) 487,696,705 354,558,876 368,717,964 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,581,444 1,461,161 693,060 144,184 3,142,483 16,204,847 1,381,674 542,040 191,141 3,434,203 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 158,040,016 16,301,097 4,702,110 1,312,988 22,141,446 154,911,576 16,237,369 4,149,780 2,203,278 18,148,878 23,022,332 21,753,905 Total Wastewater 254,696,408 202,497,657 195,650,881 171,158,281 12,496,485 500,800 5,714,310 129,471,186 9,875,097 172,340 10,226,470 118,505,149 8,758,707 234,193 8,911,105 189,869,876 149,745,093 136,409,154 1,420,804,892 1,102,121,967 976,373,005 $ 4,770,197,318 $ 3,144,457,743 SOLID WASTE: $ 14,671,037 785,942 25,978 1,114,462 13,440,864 1,166,811 21,925 1,577,233 16,597,419 16,206,833 117,369,682 98,263,226 347,906,078 $ 370,707,380 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 2,941,176,070 Citywide Operating Expenditures by Program For the Month Ended MARCH 31 2022 2021 Program Budget Estimate 2021-2022 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 General Government $ 147,495 $ 311,003 (1,253,174) 7,396,640 67,948 250,998 242,837 1,680,845 129,382 233,468 891,888 415,698 10,545 333,335 693,897 1,797,039 189,053 341,761 2,114,166 7,186,427 76,081 241,566 250,444 2,440,914 194,303 548,217 1,901,000 (1,096,710) 11,618 324,828 3,037,459 1,782,126 13,349,846 19,543,253 Mayor $ City Council City Manager Information Technology Services Government Relations Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Retirement Systems Phoenix Employment Relations Board Budget and Research Finance Regional Wireless Cooperative Total General Government 2,322,528 5,577,004 8,826,394 61,402,376 1,259,397 3,159,291 3,453,183 25,947,034 3,174,007 7,475,019 20,125,252 124,177 4,310,873 53,227,261 5,484,955 $ 1,637,704 3,236,276 3,503,077 45,840,709 1,025,442 2,506,792 2,428,348 19,386,309 2,221,657 3,623,518 15,782,247 2,198,130 69,939 3,414,408 18,845,021 3,738,355 $ 1,367,595 2,857,045 8,844,080 59,467,550 1,202,792 1,992,503 1,982,733 19,340,977 1,997,304 4,467,707 16,249,814 520,637 97,329 3,136,816 34,793,200 3,142,436 $ 1,637,704 3,236,276 3,503,077 44,459,456 1,025,442 2,506,792 2,428,348 19,386,309 2,221,657 3,623,518 15,510,134 2,198,130 69,939 3,414,408 15,647,111 3,738,355 1,381,253 272,112 3,197,910 - 205,868,751 129,457,932 161,460,518 124,606,656 4,851,276 42,565,455 5,634,405 29,345,021 6,018,120 28,873,620 3,576,081 25,537,747 6,018,120 3,807,273 - 48,199,860 35,363,141 32,449,701 31,555,867 3,807,273 787,047,218 462,514,635 689,995 560,442,729 336,788,239 82,572 529,639,430 307,106,233 385,572 560,188,277 336,598,524 82,572 254,452 189,715 - 1,250,251,848 897,313,540 837,131,235 896,869,373 444,167 Criminal Justice 2,982,396 424,403 3,262,927 395,020 3,406,800 3,657,947 Municipal Court Public Defender Total Criminal Justice Public Safety 54,654,046 32,515,321 - 59,816,751 32,705,642 71,408 87,169,367 92,593,801 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended MARCH 31 2022 2021 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Transportation $ 6,513,634 346,778 22,333,839 3,052,614 32,246,865 $ 7,232,323 642,705 25,882,071 3,179,569 Street Transportation Street Lighting Aviation Public Transit 36,936,667 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 77,282,798 6,844,661 343,370,674 242,737,492 $ 73,943,916 6,266,192 263,643,145 225,340,886 $ 75,611,697 6,844,661 273,008,084 242,737,492 1,671,101 70,362,590 - 852,156,957 670,235,625 569,194,138 598,201,934 72,033,690 Community Development 5,561,643 8,801,566 2,993,663 2,078,043 5,840,586 (2,014,566) 1,171,508 2,588,106 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 54,289,060 76,897,638 12,178,980 21,459,285 48,314,152 77,539,243 20,416,867 38,581,313 54,289,060 76,842,075 9,245,428 21,459,285 55,564 2,933,552 - 19,434,916 7,585,634 Total Community Development 295,437,101 164,824,963 184,851,575 161,835,848 2,989,115 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 84,761,046 32,590,362 51,623,142 9,530,734 137,007,567 4,325,851 3,419,583 77,638,723 30,528,003 51,116,718 8,864,899 116,204,389 3,755,050 5,612,792 84,743,420 32,590,362 36,050,460 137,004,335 4,325,851 3,419,583 17,626 15,572,682 9,530,734 3,232 - 403,431,556 323,258,286 293,720,574 298,134,011 25,124,275 Community Enrichment 7,288,906 2,633,592 3,942,674 1,058,890 13,406,291 50,385 349,970 7,893,993 3,025,035 3,323,501 1,100,895 35,449,752 (103,778) 217,831 28,730,707 50,907,228 Parks and Recreation Library Convention Center Sports and Cultural Facilities Human Services Public Parking Facilities Other Total Community Enrichment -31- Citywide Operating Expenditures by Program (continued) For the Month Ended MARCH 31 2022 2021 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Environmental Services $ 30,932,388 $ 14,234,896 12,280,937 203,092 221,676 (222,078) 32,393,122 16,666,582 13,756,672 (3,679,959) 300,450 75,410 57,650,910 59,512,276 Water System Wastewater Solid Waste Management Public Works Environmental Programs Manager's Office of Sustainability Total Environmental Services $ 403,108,191 185,472,296 184,719,208 29,624,896 1,996,649 910,264 $ 282,805,435 137,483,319 134,667,943 23,706,426 1,068,949 441,208 $ 272,381,285 134,351,078 114,101,744 23,798,282 3,077,823 648,172 $ 183,838,601 84,764,839 123,957,411 18,920,991 1,068,949 441,208 98,966,834 52,718,480 10,710,532 4,785,435 167,181,281 805,831,504 580,173,281 548,358,384 412,991,999 20,259,518 3,436,251 727,775 8,038,829 540,525 2,835,631 2,224,501 15,125,282 7,206,372 654,475 20,130,840 10,676,016 4,347,610 1,087,432 650,036 946,500 20,795,916 12,039,192 25,550 321,429 15,194,638 2,577,187 545,831 6,029,122 405,394 2,126,723 1,668,376 11,343,962 5,404,779 490,856 15,098,129 8,007,012 3,260,707 815,574 14 709,875 15,596,937 9,029,393 19,163 241,072 12,693,402 3,173,840 601,510 5,868,397 404,231 4,973,666 1,853,805 11,643,692 5,288,079 571,027 14,941,994 7,225,428 3,848,301 1,108,074 13 706,500 15,313,024 8,218,198 15,863 241,072 15,194,638 2,577,187 545,831 6,029,122 405,394 2,126,723 1,668,376 11,343,962 5,404,779 490,856 15,098,129 8,007,012 3,260,707 815,574 14 709,875 15,596,937 9,029,393 19,163 241,072 - General Obligation Debt Service 1,688,293 286,354 60,648 669,902 45,044 236,303 185,375 1,260,440 600,531 54,540 1,677,570 889,668 362,301 90,619 78,875 1,732,993 1,003,266 2,129 26,786 1,410,378 352,649 66,834 652,044 44,915 552,630 205,978 1,293,744 587,564 63,447 1,660,222 802,825 427,589 123,119 78,500 1,701,447 913,133 1,763 26,786 10,951,637 10,965,567 Total Debt Service 132,069,680 98,564,743 99,040,888 98,564,743 - 45,498,438 130,147,864 Capital Improvement 335,182,278 360,244,214 - 67,264,511 - 24,934,865 $ 298,439,486 Cultural Facilities Downtown Development Economic Development Fire Protection Freeway Mitigation Historic/Neighborhood Preservation Human Services Information Systems Libraries Maintenance Service Centers Mountain Preserves/Parks Police Protection Public Housing Renovation Sanitary Sewers Secondary Property Tax Solid Waste Enterprise Bonds Storm Sewer Improvements Street Improvements Street Light Refinancing Water System 1,101,632,998 360,244,214 - American Rescue Plan Act 339,076,712 67,264,511 - Vacancy Savings (11,000,000) - Contingencies 411,850,237 - 203,664,420 - 5,626,621,387 3,326,700,235 -32- 3,061,389,291 3,050,269,156 276,431,078 Capital Expenditures and Encumbrances 2021-2022 Program General Government Arts and Cultural Facilities Economic Development Facilities Management Finance Fire Protection Housing Human Services Information Technology Libraries Neighborhood Services Parks and Mountain Preserves Planning & Historic Preservation Police Protection Public Transit Regional Wireless Cooperative Street Transportation & Drainage General Government Subtotal Enterprise Aviation Phoenix Convention Center Solid Waste Disposal Wastewater Water System Enterprise Subtotal Total Capital Budget Program Budget $ $ $ 2020-2021 Actual Yearto-Date Actual Yearto-Date From Operating Funds Budget Actual 902,484 $ 34,449,804 38,861,179 8,000,000 37,132,633 57,512,971 600,000 19,331,192 7,706,283 13,906,226 84,058,892 3,648,000 24,412,000 409,110,166 6,001,000 334,002,936 $ 1,908,574 9,267,851 3,726,786 2,435,283 4,872,933 6,687,880 778,422 2,824,269 10,021,408 470,757 11,314,206 204,748,195 378,445 110,154,136 $ 48,742,542 6,271,331 (0) 4,065,499 14,510,570 4,889,440 214,636 35,921 14,875,747 1,839,903 261,071,392 962,674 106,502,365 1,079,635,766 $ 369,589,146 $ 463,982,020 $ $ 430,168,664 54,474,873 41,067,207 247,851,560 406,000,933 1,179,563,237 $ $ 90,122,794 74,491,776 27,919,974 139,902,990 129,602,594 462,040,128 $ 2,259,199,003 $ 831,629,274 - $ 34,449,804 29,663,756 11,262,645 45,563,845 9,680,493 3,040,000 13,906,226 68,332,798 3,648,000 $ 337,696,715 169,885,648 902,484 $ 9,197,423 8,000,000 25,869,988 11,949,126 600,000 9,650,699 4,666,283 15,726,094 24,412,000 71,413,451 6,001,000 164,117,288 $ 1,959,143 3,726,786 1,899,878 936,691 3,034,630 335 489,420 11,314,206 67,920,579 378,445 57,611,342 902,484 32,541,230 29,593,328 4,273,214 34,697,350 52,640,038 600,000 12,643,312 6,927,861 11,081,957 74,037,484 3,177,243 13,097,794 204,361,971 5,622,555 223,848,800 727,129,930 $ 220,317,690 352,505,836 $ 149,271,455 710,046,620 $ $ $ 792,942,892 $ 1,101,632,998 - 33 - Unencumbered Budget $ 1,908,574 7,308,708 535,405 3,936,242 3,653,250 778,422 2,823,934 9,531,988 470,757 136,827,616 52,542,794 152,076,997 23,094,829 3,551,198 47,450,386 102,787,460 328,960,872 $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 127,554,037 29,976,423 19,342,260 68,655,302 128,975,046 374,503,068 $ $ 13,946,319 8,900,260 13,135,399 42,446,194 61,498,351 $ 139,926,523 $ $ $ 302,614,627 24,498,450 21,724,947 179,196,258 277,025,887 805,060,169 $ 360,244,214 $ 1,157,566,005 $ $ $ 76,176,475 65,591,516 14,784,575 97,456,796 68,104,243 322,113,605 $ 340,045,870 (20,016,903) 13,147,233 107,948,570 276,398,339 717,523,109 $ 471,385,060 $ 1,427,569,729 Bonds Authorized and Sold As of MARCH 31 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalizatio Computer Technology Education and Health Science Facilities Environmental Cleanup Family, Senior, and Youth Cultural Facilities Fire Protection Library Facilities and Improvements Parks, Open Space, and Recreational Facilities Police Protection Street Improvements Storm Sewer and Flood Protection Total 2006 Authorizations Total Bond Program $ 2,689,750 - 34 - $ 2,537,395 $ 152,355 Appendix A Additional historic and trend information for various revenue streams. Local Sales Tax (Dollars in Thousands) Local Sales Tax 80,000 17-18 Actuals 70,000 18-19 Actuals 60,000 19-20 Actuals 50,000 20-21 Actuals 21-22 Actuals 40,000 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 17,068 29,246 33,070 41,583 44,048 33,359 Sept Aug 43,895 32,982 36,653 59,937 61,805 47,837 Oct Sept 33,757 32,919 56,465 33,935 41,516 43,317 Nov Oct 42,559 52,159 31,089 45,467 50,734 47,232 Dec Nov 31,868 33,971 40,325 52,188 60,971 43,668 Jan Dec 33,857 53,513 51,643 39,837 53,633 49,321 Feb Jan 41,041 35,343 39,512 42,051 70,197 43,557 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A1 - Feb 36,368 38,579 33,570 32,672 42,535 38,935 Mar Mar 32,970 39,641 61,093 63,749 44,740 54,451 Apr May June YTD thru March 313,383 348,353 383,420 411,419 470,179 401,677 Apr 48,534 46,770 29,662 40,758 45,701 May 33,061 27,146 35,239 40,197 37,406 June 45,459 64,281 50,222 67,088 62,613 State Sales Tax (Dollars in Thousands) State Sales Tax 30,000 17-18 Actuals 25,000 18-19 Actuals 19-20 Actuals 20,000 20-21 Actuals 15,000 21-22 Actuals 21-22 Budget 10,000 5,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 11,773 18,836 20,116 22,912 26,539 20,994 Aug 12,260 13,749 14,944 14,482 18,124 15,805 Sept Oct Sept 17,561 12,476 11,479 13,123 16,285 15,578 Nov Oct 10,963 10,922 14,226 18,038 18,259 15,438 Dec Jan Feb Mar Apr May June Nov 13,678 15,747 16,443 13,095 15,097 16,811 Dec 13,707 14,902 12,120 19,640 23,860 17,212 Jan 13,334 12,154 17,440 19,033 22,364 17,666 Feb 13,322 15,369 17,707 10,831 12,163 16,316 Mar 13,651 13,689 12,285 15,878 18,738 15,824 YTD thru March 120,249 127,844 136,760 147,032 171,429 151,644 Apr 12,631 14,284 18,557 23,414 19,640 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A2 - May 13,603 14,640 11,288 17,998 16,402 June 9,515 8,298 5,321 12,848 10,259 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 12,000 17-18 Actuals 11,000 18-19 Actuals 10,000 9,000 19-20 Actuals 8,000 20-21 Actuals 7,000 21-22 Actuals 6,000 21-22 Budget 5,000 4,000 3,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 9,008 9,422 10,791 10,098 10,453 10,827 Aug 4,830 5,782 5,619 7,692 5,328 6,588 Sept 5,152 5,349 5,207 6,207 6,363 6,035 Nov Dec Jan Feb Oct 5,670 6,492 6,146 7,328 6,970 7,059 Nov 4,904 4,886 5,408 4,608 4,862 5,454 Dec 5,741 5,800 5,891 6,529 6,537 6,598 Jan 5,470 6,143 6,514 7,328 7,285 7,010 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A3 - Mar Feb 5,714 5,490 6,528 5,568 5,828 6,416 Apr May Mar 5,493 5,943 5,960 6,411 6,418 6,556 YTD thru March 51,982 55,307 58,064 61,769 60,044 62,543 June Apr 5,593 5,668 5,110 7,162 6,480 May 5,602 5,959 4,699 6,472 6,260 June 3,607 3,276 2,611 4,365 3,816 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 500,000 2017-18 Actuals 450,000 2018-19 Actuals 400,000 2019-20 Actuals 350,000 2020-21 Actuals 300,000 2021-22 Actuals 250,000 21-22 Budget 200,000 150,000 100,000 50,000 - FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget July Aug Sept July 98,501 131,124 100,481 68,761 123,174 122,524 Aug 185,527 168,019 187,393 217,048 225,569 243,150 Sept 176,701 152,605 194,506 260,275 185,901 255,683 Oct Nov Dec Oct 189,075 198,474 175,883 215,731 231,638 255,315 Nov 226,848 247,632 269,127 298,362 324,875 337,794 Dec 192,262 221,971 226,582 236,818 253,979 288,968 Jan Jan 187,522 170,844 209,806 216,626 267,406 257,819 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A4 - Feb Feb 176,559 173,462 187,061 178,738 199,258 237,296 Mar Apr Mar 167,449 187,169 217,521 272,444 230,537 276,766 May June YTD thru March 1,600,444 1,651,300 1,768,360 1,964,803 2,042,337 2,275,314 Apr 217,138 210,659 180,484 316,241 313,183 May 223,002 245,256 226,625 277,929 321,346 June 252,080 280,540 378,887 362,173 439,548 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 100,000 17-18 Actuals 90,000 18-19 Actuals 80,000 19-20 Actuals 70,000 20-21 Actuals 60,000 21-22 Actuals 50,000 21-22 Budget 40,000 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 26,403 31,468 30,489 25,387 36,735 30,581 Aug 34,965 32,105 32,307 2,666 33,945 27,434 Sept 30,148 31,728 32,953 27,193 28,302 32,806 Nov Dec Jan Feb Mar Apr May Oct 29,291 31,719 32,056 21,045 31,904 30,679 Nov 21,702 32,312 33,532 23,880 36,031 29,957 Dec 38,212 30,496 36,787 31,636 35,025 36,868 Jan 32,543 31,205 34,297 18,059 57,391 31,215 Feb 30,671 32,944 34,215 61,877 33,583 42,937 Mar 33,070 33,075 34,228 25,487 38,417 33,838 YTD thru March 277,005 287,052 300,864 237,230 331,333 296,315 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A5 - June Apr 37,265 37,847 27,255 31,454 35,978 May 32,447 34,396 23,524 30,668 32,540 June 38,986 35,938 10,702 91,844 47,713 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 70,000 17-18 Actuals 60,000 18-19 Actuals 19-20 Actuals 50,000 20-21 Actuals 40,000 21-22 Actuals 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 54,624 49,797 52,660 57,819 58,256 58,764 Sept Aug 44,633 46,762 51,596 53,509 42,379 53,733 Oct Sept 44,819 44,112 47,319 52,454 47,181 51,601 Nov Dec Jan Feb Mar Apr May June Oct 39,391 35,672 40,300 47,335 39,257 44,490 Nov 38,890 31,619 38,339 42,280 41,784 41,326 Dec 27,184 25,048 26,405 33,139 37,523 30,565 Jan 25,186 22,565 25,330 28,579 28,902 27,799 Feb 22,704 21,558 25,643 25,188 28,035 26,003 Mar 23,806 20,138 24,861 28,415 31,242 26,585 YTD thru March 321,237 297,271 332,453 368,718 354,559 360,866 Apr 31,392 31,150 29,080 37,714 35,367 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A6 - May 38,031 36,293 40,442 42,556 43,020 June 43,736 38,106 52,141 43,174 48,444 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 32,000 17-18 Actuals 18-19 Actuals 27,000 19-20 Actuals 22,000 20-21 Actuals 21-22 Actuals 17,000 21-22 Budget 12,000 7,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 18,615 17,949 18,374 21,205 22,011 19,596 Sept Aug 22,957 20,417 24,593 22,791 21,971 23,357 Oct Sept 19,811 21,145 21,373 21,844 26,947 21,662 Nov Dec Jan Feb Mar Apr Oct 20,195 23,028 20,975 22,234 18,312 22,243 Nov 20,386 19,734 21,142 18,577 21,720 20,547 Dec 20,097 20,469 20,888 24,461 24,380 22,110 Jan 20,584 22,113 22,063 18,430 22,218 21,409 Feb 19,499 19,436 20,973 24,355 21,916 21,685 Mar 20,517 19,960 21,613 21,754 23,023 21,577 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A7 - May June YTD thru March 182,661 184,251 191,994 195,651 202,498 194,186 Apr 18,079 21,256 18,428 21,584 20,420 May 20,160 20,980 23,948 20,085 21,919 June 18,345 16,544 18,289 17,424 18,170